Income Tax : Learn about Section 40(b) limits on partner remuneration and the introduction of Section 194T for TDS on remuneration, effective A...
Income Tax : Explore key tax reforms in the Pre-Budget Memorandum 2025. Suggestions include expanding the tax base, curbing tax avoidance, and ...
Income Tax : Explore reintroduction of block assessments under Income Tax Act via Finance Act 2024, its implications, challenges, and way forwa...
Income Tax : Explore key amendments under capital gains in the 2024-25 budget, including changes to buyback tax, indexation removal, and capita...
Income Tax : Key tax changes from the July 2024 Budget effective October 1. Covers TDS rates, share buyback taxation, VSV 2.0, and other import...
Income Tax : CBDT simplifies TDS for salaried employees and enables parents to claim TCS credit for minors through recent amendments in Income-...
Income Tax : Key amendments to the Finance (No.2) Bill, 2024, include changes in tax rates, capital gains, customs duties, and excise laws, eff...
CA, CS, CMA : ICAI President's August 2024 message highlights India's economic growth, recent exam results, and the Union Budget's role in achie...
Goods and Services Tax : Discover the major amendments in GST, excise, and customs duties introduced in Budget 2024, including changes in CGST, IGST, and C...
Income Tax : Finance Bill 2024 proposes an amendment to Section 55 of the Income Tax Act to clarify the computation of cost of acquisition for ...
Goods and Services Tax : Discover the key amendments in the Finance (No. 2) Bill, 2024, affecting CGST, IGST, UTGST, and Cess Act, including tax exemptions...
Goods and Services Tax : Ministry of Finance notifies commencement dates for provisions of the Finance (No. 2) Act, 2024. Key sections to come into force b...
Income Tax : On August 16, 2024, President Droupadi Murmu officially granted her assent to the Finance (No 2) Bill, 2024. With this move, the b...
Income Tax : Explore the Finance Bill 2024, detailing income tax rates, surcharges, and provisions for various taxpayers, including individuals...
Goods and Services Tax : Govt. sets October 1, 2024, for Finance Act 2024, Section 13; April 1, 2025, for Sections 11 and 12, under Notification No. 16/202...
Custom Duty : Notification No. 51/2024-Customs (N.T.) introduces New Shippers Review in countervailing duty rules, effective from 24th July 2024...
Union Budget 2024 brings key changes in tax rates, benefits for salaried employees, increased expenditure across sectors, and new financial policies impacting various sectors.
Explore the proposed changes in TDS regulations in the Union Budget 2024-25, impacting sections 271H, 200, 197, and more. Understand the new amendments and their implications.
Discover the significant changes proposed under GST in the Union Budget 2024-25, impacting the CGST, IGST, UTGST, and GST (Compensation to States) Acts.
Discover the key changes in customs and excise duties proposed in the Union Budget 2024-25, including updated rates and legislative amendments.
Discover the key changes in India’s Income Tax Law from the Union Budget 2024-25. Highlights include revised tax slabs, increased deductions, and simplified taxation.
आयकर के नए प्रावधान: गैर कानूनी केस, प्रॉपर्टी किराया, गिफ्टेड शेयर्स, फर्म पार्टनर भुगतान, और प्रॉपर्टी लॉन्ग टर्म गेन टैक्स में बदलाव जो व्यापारी पर असर डालेंगे।
Finance Bill 2024 updates Section 80G to reflect “National Sports Development Fund” and changes approval procedures for charities. Effective April 1, 2025.
Explore the amendment to Section 194F removing TDS on Mutual Fund and UTI unit repurchases, effective from October 2024 under the Finance Bill 2024.
Budget 2024 proposes amendments to section 153 and section 139 of Income Tax Act to address procedural difficulties and streamline timelines for tax assessment, reassessment, and recomputation.
Learn about the proposed amendments to Section 192 of the Income-tax Act, allowing salaried employees to claim credit for TCS and all TDS deductions, easing compliance and cash flow concerns. Effective October 2024.
